Micron (MU) Plunges 7.7% in Record $94B Wipeout: Can a Sold-Out HBM Pipeline Defy the Tech Sell-Off?

Micron Technology (MU) experienced its largest single-day market-cap decline, dropping 7.74% to $996.00 following sector-wide profit-taking from Broadcom's underwhelming AI guidance. Despite this short-term pullback, Micron's fundamental shift toward multi-year volume contracts and its completely sold-out 2026–2027 HBM pipelines signal robust structural growth.